New 4G spectrum looks pricey, warns 2degrees

Wed, 04 Sep 2013

By Pattrick Smellie Sept. 5 (BusinessDesk) – Mobile phone operator 2degrees is questioning the government’s minimum reserve price of $198 million for new fourth generation (4G) mobile spectrum, saying it’s well above prices being paid for existing spectrum. Communications Minister Amy Adams announced the auction of spectrum in the 700 Megahertz range from Oct. 29, after spending $157 million clearing the spectrum of analogue television broadcasting to allow mobile phone operators to meet fast-growing demand for ultra-fast mobile broadband ser...

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